RBC Business Solution Selector®

We provide a wide range of small business banking solutions that offer choice and value for your money. By answering the questions below, you will receive a tailored solution for your business banking needs. If you need assistance, call 1-800-769-2520 to speak with a dedicated small business advisor.

What is the legal structure of your business?

Sole Proprietorship - is the simplest way to set up a business. You are the sole owner responsible for all debts and obligations related to the business. It may be operated under the owner's name or a trade name.

Partnership - is the business with one or more owners as partners. In a general partnership, each partner shares in the management of the business, and has personal liability for business debts and obligations. Other types of partnerships include Limited Partnerships and Limited Liability Partnerships.

Incorporation - establishes your business as a distinct, legal entity, offering you a number of advantages including business name protection, transferability of business ownership, limited liability and possible tax advantages. Your company name may include terms like "incorporated", "Inc.", "Corporation", "Corp.", "Limited" or "Ltd.".

Associations/ Societies and Lodges - is a formal association/organization (club/group) of people controlled by its members; e.g.: voluntary associations, charities, homeowners associations or fraternal organizations.

Informal Community - is a locally based community organization e.g.:gardening club, local hockey club.

Condominium Corporation / Condo - is the form of real property ownership where a specified part of real estate (usually an apartment) is individually owned while use of and access to common facilities is controlled by the association of owners that jointly represent ownership of the common elements.

Do you have employees?

Do you have employees?

Yes, 1 to 5Yes, more than 5No

*Do you know the volume of your monthly business banking transactions?

Do you know the volume of your monthly business banking transactions?

YesNo

Most RBC Royal Bank business accounts provide discounts of up to 40% on your transaction fees when you bank online, at RBC Royal Bank ATMs or use night & day deposit1

Deposits

Number of deposits:

Number of deposits

ATM

In-Branch / Night & Day Deposit

/mth

/mth

Deposits

Deposits made to a business account typically include items such as cash, coin, cheques, bank drafts, etc.

Amount of cash deposited:

Amount of cash deposited

ATM

In-Branch

Night & Day Deposit

$/mth

$/mth

$/mth

Cash deposited

Cash deposited includes cash or coin in Canadian or U.S. currency.

Night & Day Deposit

Using Night & Day Depository or an RBC Royal Bank ATM is less expensive when compared to depositing in-branch at the counter. Night & Day Deposit is a safe and secure way to make deposits consisting of cheques/cash/coins any time of the day or night utilizing the drop chute located outside of the branch.

Warning

† Our recommendation is not intended to provide specific financial, investment or other advice for you, and should not be relied upon in that regard. You should speak with an account representative before making a final decision on an account or package to ensure it meets your overall financial needs.
1 Savings reflect choosing to transact electronically versus in-branch or paper based transactions.